Brown & Brown, Inc.
BRO- Exchange
- NYSE
- Industry
- Insurance Agents, Brokers & Service
- SEC CIK
- 0000079282
No open-market purchases or sales by Brown & Brown, Inc. insiders were filed in the last 90 days; 809 institutions reported holding it in 13F filings for Q2 2026, worth $18.1B in total; superinvestors Giverny Capital and Markel Group hold it.
13F holders, Q1 2025
Institutional positions in Brown & Brown, Inc. as of Mar 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works
- Institutional holders
- 911
- +49 vs. Q4 2024
- Shares held
- 219.5M
- +8.20M (+3.9%) vs. Q4 2024
- Total value
- $27.3B
- +$5.73B (+26.6%) vs. Q4 2024
- New holders
- 133
- 338 more added
- Sold out
- 84
- 316 more reduced
13 institutions that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q4 2024: new holders, sold out and not filed yet
Holders and value by quarter
Institutions reporting BRO on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 809 | $18.1B |
| Q1 2026 | 816 | $18.2B |
| Q4 2025 | 890 | $21.7B |
| Q3 2025 | 897 | $24.6B |
| Q2 2025 | 931 | $29.5B |
| Q1 2025 | 911 | $27.3B |
| Q4 2024 | 875 | $21.9B |
| Q3 2024 | 823 | $21.7B |
| Q2 2024 | 760 | $18.7B |
| Q1 2024 | 718 | $18.0B |
| Q4 2023 | 686 | $14.6B |
| Q3 2023 | 631 | $14.1B |
| Q2 2023 | 607 | $13.9B |
| Q1 2023 | 570 | $11.6B |
| Q4 2022 | 573 | $11.4B |
| Q3 2022 | 568 | $12.1B |
| Q2 2022 | 576 | $11.8B |
| Q1 2022 | 581 | $14.8B |
| Q4 2021 | 553 | $14.4B |
| Q3 2021 | 518 | $11.3B |
| Q2 2021 | 470 | $10.7B |
| Q1 2021 | 458 | $9.10B |
Institutions, Q1 2025
Shares, value and share of portfolio for each institution holding Brown & Brown, Inc.; share changes are against Q4 2024.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Vanguard Group Inc | 30,501,119 | $3.79B | 0.07% | +560,980+1.9% | Added |
| BlackRock, Inc. | 18,389,672 | $2.29B | 0.05% | −276,700−1.5% | Reduced |
| Principal Financial Group Inc | 12,940,046 | $1.61B | 0.90% | +38,078+0.3% | Added |
| State Street Corp | 11,198,682 | $1.39B | 0.06% | +49,363+0.4% | Added |
| Capital World Investors | 8,264,954 | $1.03B | 0.17% | +4,069,273+97.0% | Added |
| Morgan Stanley | 7,402,530 | $920.9M | 0.07% | −1,174,686−13.7% | Reduced |
| Parnassus Investments | 7,227,805 | $899.1M | 2.16% | +7,227,805 | New |
| Geode Capital Management, LLC | 6,319,226 | $783.7M | 0.06% | +219,577+3.6% | Added |
| Select Equity Group, L.P. | 6,274,372 | $780.5M | 3.48% | −1,704,535−21.4% | Reduced |
| Invesco Ltd. | 4,120,135 | $512.5M | 0.10% | +316,519+8.3% | Added |
| Allspring Global Investments Holdings, LLC | 3,706,927 | $460.1M | 0.80% | −215,374−5.5% | Reduced |
| Wells Fargo & Company | 3,251,650 | $404.5M | 0.10% | +16,605+0.5% | Added |
| Norges Bank | 3,094,631 | $385.0M | 0.05% | +22,570+0.7% | Added |
| Royal Bank of Canada | 3,063,741 | $381.1M | 0.09% | +181,315+6.3% | Added |
| Barclays PLC | 2,383,584 | $296.5M | 0.13% | +126,377+5.6% | Added |
| Manufacturers Life Insurance Company, The | 2,380,723 | $296.2M | 0.28% | −29,392−1.2% | Reduced |
| Northern Trust Corp | 2,353,376 | $292.8M | 0.04% | +33,178+1.4% | Added |
| Bank of America Corp | 2,313,431 | $287.8M | 0.03% | +309,638+15.5% | Added |
| Fenimore Asset Management Inc | 2,144,293 | $266.7M | 5.65% | −154,215−6.7% | Reduced |
| Madison Asset Management, LLC | 2,060,954 | $256.4M | 2.86% | +119,856+6.2% | Added |
| Goldman Sachs Group Inc | 2,006,096 | $249.6M | 0.05% | −266,040−11.7% | Reduced |
| First Eagle Investment Management, LLC | 1,921,699 | $239.1M | 0.50% | +7,414+0.4% | Added |
| Royal London Asset Management Ltd | 1,729,576 | $215.2M | 0.51% | −38,494−2.2% | Reduced |
| ProShare Advisors LLC | 1,667,543 | $207.4M | 0.47% | −178,606−9.7% | Reduced |
| Kayne Anderson Rudnick Investment Management LLC | 1,620,536 | $201.6M | 0.49% | +9,250+0.6% | Added |
| UBS Asset Management Americas Inc | 1,585,840 | $197.3M | 0.05% | +19,576+1.2% | Added |
| Dimensional Fund Advisors LP | 1,535,805 | $191.0M | 0.05% | −28,380−1.8% | Reduced |
| Charles Schwab Investment Management Inc | 1,374,678 | $171.0M | 0.03% | +18,143+1.3% | Added |
| Bank of New York Mellon Corp | 1,328,262 | $165.2M | 0.03% | −48,742−3.5% | Reduced |
| Handelsbanken Fonder AB | 1,314,434 | $163.5M | 0.67% | +832,100+172.5% | Added |
| CIBC Private Wealth Group, LLC | 1,405,429 | $158.0M | 0.33% | +14,427+1.0% | Added |
| Close Asset Management Ltd | 1,257,688 | $156.5M | 4.50% | −109,650−8.0% | Reduced |
| UBS Group AG | 1,244,253 | $154.8M | 0.03% | −152,856−10.9% | Reduced |
| Raymond James Financial Inc | 1,169,936 | $145.5M | 0.05% | +465,028+66.0% | Added |
| Legal & General Group Plc | 1,121,860 | $139.6M | 0.04% | +17,458+1.6% | Added |
| Congress Asset Management Co | 1,110,721 | $138.2M | 1.03% | −164,163−12.9% | Reduced |
| Chilton Investment Co LLC | 1,086,607 | $135.2M | 3.30% | +54,282+5.3% | Added |
| California Public Employees Retirement System | 1,071,011 | $133.2M | 0.09% | −31,959−2.9% | Reduced |
| Gobi Capital LLC | 1,065,937 | $132.6M | 7.55% | −10,900−1.0% | Reduced |
| Deutsche Bank AG | 1,028,081 | $127.9M | 0.05% | −403,481−28.2% | Reduced |
| Natixis Advisors, L.P. | 958,273 | $119.2M | 0.22% | +116,505+13.8% | Added |
| Clarkston Capital Partners, LLC | 950,710 | $118.3M | 2.33% | +2,730+0.3% | Added |
| Envestnet Asset Management Inc | 801,194 | $99.7M | 0.03% | +46,638+6.2% | Added |
| JPMorgan Chase & Co | 799,471 | $99.5M | 0.01% | +82,514+11.5% | Added |
| Macquarie Group Ltd | 764,725 | $95.1M | 0.12% | −44,197−5.5% | Reduced |
| Tandem Investment Advisors, Inc. | 764,709 | $95.1M | 3.32% | +18,677+2.5% | Added |
| Storebrand Asset Management AS | 737,323 | $91.7M | 0.30% | −685,478−48.2% | Reduced |
| Swiss National Bank | 685,500 | $85.3M | 0.06% | +500+0.1% | Added |
| Price T Rowe Associates Inc | 676,839 | $84.2M | 0.01% | −8,418−1.2% | Reduced |
| First Trust Advisors LP | 656,167 | $81.6M | 0.07% | −1,693,872−72.1% | Reduced |
| Captrust Financial Advisors | 650,098 | $80.9M | 0.20% | +576,466+782.9% | Added |
| Millennium Management LLC | 649,852 | $80.8M | 0.08% | +22,039+3.5% | Added |
| Brown Brothers Harriman & Co | 640,661 | $79.7M | 0.56% | +63,206+10.9% | Added |
| Nordea Investment Management AB | 639,864 | $79.4M | 0.08% | +618,118+2,842.4% | Added |
| Assenagon Asset Management S.A. | 628,690 | $78.2M | 0.14% | +350,236+125.8% | Added |
| FIL Ltd | 619,358 | $77.0M | 0.07% | +80,925+15.0% | Added |
| SEI Investments Co | 603,482 | $75.1M | 0.10% | +228,555+61.0% | Added |
| Nuveen, LLC | 585,971 | $72.9M | 0.02% | +585,971 | New |
| Sumitomo Mitsui Trust Holdings, Inc. | 582,811 | $72.5M | 0.05% | +5,106+0.9% | Added |
| Ameriprise Financial Inc | 559,991 | $69.7M | 0.02% | −29,127−4.9% | Reduced |
| Snyder Capital Management L P | 551,133 | $68.6M | 1.50% | −11,595−2.1% | Reduced |
| Worldquant Millennium Advisors LLC | 537,532 | $66.9M | 0.42% | +229,137+74.3% | Added |
| FMR LLC | 534,246 | $66.5M | 0.00% | −62,893−10.5% | Reduced |
| CBOE Vest Financial, LLC | 533,273 | $66.3M | 1.03% | −7,641−1.4% | Reduced |
| Bank of Montreal | 532,240 | $66.2M | 0.04% | +153,100+40.4% | Added |
| Mitsubishi UFJ Trust & Banking Corp | 530,887 | $66.0M | 0.17% | +206,645+63.7% | Added |
| Schwartz Investment Counsel Inc | 519,150 | $64.6M | 2.22% | 00.0% | Unchanged |
| Rhumbline Advisers | 513,570 | $63.9M | 0.06% | +490+0.1% | Added |
| Dundas Partners LLP | 503,111 | $62.6M | 4.61% | 00.0% | Unchanged |
| Confluence Investment Management LLC | 493,525 | $61.4M | 0.88% | −30,862−5.9% | Reduced |
| HSBC Holdings PLC | 490,293 | $60.8M | 0.04% | −62,027−11.2% | Reduced |
| Abn Amro Investment Solutions | 473,219 | $58.9M | 1.23% | +473,219 | New |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 471,023 | $58.6M | 0.05% | +37,179+8.6% | Added |
| EULAV Asset Management | 444,900 | $55.3M | 1.37% | +14,000+3.2% | Added |
| Nomura Asset Management Co Ltd | 427,448 | $53.2M | 0.16% | −14,245−3.2% | Reduced |
| Polar Capital Holdings Plc | 425,000 | $52.9M | 0.33% | +12,500+3.0% | Added |
| CI Private Wealth, LLC | 424,112 | $52.8M | 0.09% | +12,162+3.0% | Added |
| Rathbone Brothers plc | 406,379 | $50.6M | 0.24% | +130,922+47.5% | Added |
| Cookson Peirce & Co Inc | 400,113 | $49.8M | 2.50% | −7,298−1.8% | Reduced |
| TimesSquare Capital Management, LLC | 358,962 | $44.7M | 0.72% | −32,910−8.4% | Reduced |
| Danske Bank A/S | 358,108 | $44.5M | 0.14% | +147,817+70.3% | Added |
| Stifel Financial Corp | 357,649 | $44.5M | 0.05% | −15,368−4.1% | Reduced |
| California State Teachers Retirement System | 343,657 | $42.8M | 0.05% | −3,622−1.0% | Reduced |
| Pictet Asset Management Holding SA | 343,108 | $42.7M | 0.05% | +19,226+5.9% | Added |
| National Pension Service | 341,513 | $42.5M | 0.04% | +1,321+0.4% | Added |
| Victory Capital Management Inc | 324,055 | $40.3M | 0.04% | +19,650+6.5% | Added |
| Renaissance Group LLC | 320,889 | $39.9M | 1.76% | +320,889 | New |
| BNP Paribas Arbitrage, SA | 316,372 | $39.4M | 0.03% | −87,275−21.6% | Reduced |
| Port Capital LLC | 315,815 | $39.3M | 1.78% | +75,483+31.4% | Added |
| Amundi | 314,762 | $39.2M | 0.01% | −363,770−53.6% | Reduced |
| Ferguson Wellman Capital Management, Inc | 312,116 | $38.8M | 0.75% | +7,725+2.5% | Added |
| Cresset Asset Management, LLC | 311,986 | $38.8M | 0.19% | −17,431−5.3% | Reduced |
| Visualize Group LP | 305,991 | $38.1M | 12.54% | +138,791+83.0% | Added |
| APG Asset Management N.V. | 325,655 | $37.5M | 0.12% | −56,417−14.8% | Reduced |
| Osterweis Capital Management Inc | 300,979 | $37.4M | 1.85% | −7,897−2.6% | Reduced |
| Vancity Investment Management Ltd | 297,938 | $37.1M | 5.08% | +297,938 | New |
| Giverny Capital Inc.SuperinvestorGiverny Capital | 294,603 | $36.6M | 1.35% | −206−0.1% | Reduced |
| Neuberger Berman Group LLC | 289,704 | $36.0M | 0.03% | +199,463+221.0% | Added |
| Intech Investment Management LLC | 287,115 | $35.7M | 0.37% | −197,664−40.8% | Reduced |
| Allianz Asset Management GmbH | 286,452 | $35.6M | 0.05% | −136,565−32.3% | Reduced |